Martin Midstream Partners And 2 Other Stocks Under $5 Insiders Are Buying
Portfolio Pulse from Lisa Levin
Insiders at Martin Midstream Partners L.P. (MMLP), 1847 Holdings LLC (EFSH), and Industrial Logistics Properties Trust (ILPT) have recently made significant stock purchases. MMLP's director acquired 12,369 shares at an average price of $2.30, EFSH's 10% owner bought 94,200 shares at $0.22 each, and ILPT's director purchased 50,000 shares at $3.77 each. MMLP reported a decline in Q2 EPS, while EFSH expects a 54% YoY increase in Q2 revenue. ILPT reported lower quarterly sales.
August 01, 2023 | 1:33 pm
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NEUTRAL IMPACT
Director at Industrial Logistics Properties Trust bought 50,000 shares at $3.77 each. The company reported lower quarterly sales.
The insider purchase shows confidence in the company's prospects despite the lower quarterly sales. However, the impact on the stock price is uncertain in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEUTRAL IMPACT
Director at Martin Midstream Partners L.P. bought 12,369 shares at $2.30 each. The company reported a decline in Q2 EPS.
The insider purchase indicates confidence in the company's prospects despite the recent decline in EPS. However, the impact on the stock price is uncertain in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
10% owner at 1847 Holdings LLC bought 94,200 shares at $0.22 each. The company expects a 54% YoY increase in Q2 revenue.
The insider purchase combined with the expected significant increase in Q2 revenue indicates a positive outlook for the company, which could potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100